Harmony Gold Mining Upgraded to Neutral by Goldman Sachs Group Inc. (HMY)
Harmony Gold Mining (NYSE:HMY) was upgraded by stock analysts at Goldman Sachs Group Inc. from a “sell” rating to a “neutral” rating in a report issued on Tuesday, TheFlyOnTheWall.com reports.
Several other analysts have also recently commented on the stock. Analysts at JPMorgan Chase & Co. upgraded shares of Harmony Gold Mining from a “neutral” rating to an “overweight” rating in a research note to investors on Thursday, September 12th. Separately, analysts at TheStreet downgraded shares of Harmony Gold Mining from a “hold” rating to a “sell” rating in a research note to investors on Thursday, August 29th. Finally, analysts at Zacks downgraded shares of Harmony Gold Mining from a “neutral” rating to an “underperform” rating in a research note to investors on Thursday, August 22nd. They now have a $3.50 price target on the stock. Five research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $3.50.
Shares of Harmony Gold Mining (NYSE:HMY) traded up 0.55% during mid-day trading on Tuesday, hitting $3.63. The stock had a trading volume of 2,475,630 shares. Harmony Gold Mining has a 52-week low of $3.29 and a 52-week high of $9.79. The stock has a 50-day moving average of $3.81 and a 200-day moving average of $4.51. The company’s market cap is $1.570 billion.
Harmony Gold Mining (NYSE:HMY) last issued its quarterly earnings data on Wednesday, August 14th. The company reported ($0.20) earnings per share (EPS) for the quarter.
Harmony Gold Mining Company Limited (NYSE:HMY) is engaged in underground and surface gold mining and related activities, including exploration, processing and smelting.
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